Tasnim Indias soymeal sales to Iran are set to spike as the oil producer uses the rupees it receives for its crude exports to cover its animal feed demand amid US sanctions against Tehran.
Indias soymeal exports to Iran could jump to 450,000 tons during the 2018/19 fiscal year ending in March, up from just 22,910 tons during the previous fiscal ...
MUMBAI, Jan 27 (Reuters) - India's soymeal exports are set to hit a 26-year low in the year ending March as easing of sanctions against Iran allows the key buyer to opt for cheaper South American supplies, industry officials said.
Lower Indian sales could underpin Chicago soymeal futures , which fell almost 17 percent in 2014, while weak export demand ...
MUMBAI: Iran is set to emerge as the top buyer ofsoymealfromIndiafor a second straight year, taking nearly a third of supplies from Asia's biggest exporter, as the country replaces soybean imports disrupted by Western sanctions, trade sources said.
Iran stepped up soymeal purchases earlier this year because economic sanctions targeting its disputed ...